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Business Africa

Wimbledon’s Exclusive VIP Seats Emerge as a High-Value Investment Asset

Wimbledon’s most coveted VIP seats are becoming one of...

Tesla’s European Recovery Gains Momentum as EV Demand Surges

Tesla is showing renewed strength across Europe after a...

Senegal Signals Openness to Debt Restructuring as IMF Talks Continue

Senegal has indicated it is prepared to consider restructuring...

Nigeria Signs Deal with South Korea to Launch Africa’s First Electric Vehicle Factory

Nigeria has signed a memorandum of understanding (MoU) with South Korea’s Asia Economic Development Committee (AEDC) to establish Africa’s first electric vehicle (EV) manufacturing...

Burkina Faso Hits Record 94 Tonnes of Gold Output as Mining Reforms Gain Traction

Burkina Faso achieved a record 94 tonnes of gold production in 2025, marking the highest annual output in the country’s history. The surge reflects...

US Treasury Has Not Pledged Funds to AfDB’s 2025 ADF Financing Round, Spokesman Says

The U.S. Treasury Department has not pledged funding to the African Development Bank’s (AfDB) 2025 African Development Fund (ADF) replenishment round, a Treasury spokesman...

Morocco’s Energy Ministry Puts Gas Projects on Hold

Morocco’s energy ministry has put planned gas infrastructure projects on hold, suspending a recent tender linked to pipeline development as it reviews its strategy....
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Novo Nordisk Owner Launches European Obesity Drug Incubators to Accelerate Medical Innovation

Novo Nordisk Foundation, the controlling shareholder of Danish pharmaceutical...

Angola’s Sonangol Secures $2.65 Billion Financing From International Lenders

Angola’s state-owned oil company, Sonangol, has secured a $2.65...